Wika Gedung to share cash dividend of IDR 9,38 billion
27 May 2024 08:02
PT Wika Gedung Tbk (WEGE), a building construction subsidiary of WIKA, is scheduling a cash dividend distribution worth IDR 9.38 billion or IDR 0.98 per share.
Barito Renewables Energy now listed in FTSE Global Equity Index
27 May 2024 07:11
PT Barito Renewables Energi Tbk (BREN), a renewable energy company under Barito Pacific Group, has entered FTSE Global Equity Index under the category of the highest market capitalisation in June 2024.
PRAY’s net profit soared 305%, yet no dividend in sight
22 May 2024 16:51
PT Famon Awal Bros Sedaya Tbk (PRAY), the managing company of Awal Bros Hospital, now Primaya Hospital, decided not to distribute dividend for the fiscal year (FY) 2023 despite its profit skyrocketing 305% from FY 2022.
Foreign-sell exceeds 5 billion shares, resulting in net foreign volume of -773.48 million
22 May 2024 15:57
On Tuesday, May 21, foreign share sales transactions reached 5.59 billion shares. Apart from that, share purchases were also significant, although the foreign buy only totaled 4.82 billion shares. As a result, net foreign volume concluded at -773.48 million shares. The most shares sold belonged to PT Bank Mandiri (Persero) Tbk (BMRI) in the banking sector, namely 195.45 million shares, with a net volume of -66.40 million shares.
MB Investment purchased 1.77 billion ITSEC Asia shares, giving it a direct 27.49% ownership
22 May 2024 15:45
On Monday, May 20, foreign company MB Investment Management Pte Ltd made a new investment in PT ITSEC Asia Tbk (CYBR) by purchasing approximately 1.77 billion shares. The transaction, facilitated by PT OCBC Sekuritas Indonesia, gave the Singaporean investor immediate control of 27.49%. Another foreign investor, Rejuve Global Investment Pte Ltd, then increased its stake in pharmaceutical company PT Pyridam Farma Tbk (PYFA) by nearly 50 million shares.
Hillcon Equity stake in Hillcon (HILL) doubled
22 May 2024 15:18
On Friday, May 17, PT Hillcon Equity Management increased its stake in mining holding company PT Hillcon Tbk (HILL) by two-fold. Previously, Hillcon Equity controlled approximately 33.04% of the shares; however, this investor added 851.38 million shares, increasing its share portion to 61.92%. The investor carried out this transaction using three different securities: PT Trimegah Sekuritas Indonesia Tbk, BUT Deutsche Bank AG, and PT CGS International Sekuritas Indonesia.
Foreign investors purchase Gojek Tokopedia shares; net foreign volume recorded surplus 434.01 million
22 May 2024 14:23
On Monday, May 20, foreign investors purchased up to 1.07 billion shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) for a net volume of 109.07 million shares. This transaction boosted foreign buying volume to 3.51 billion shares. Meanwhile, foreign sales totaled around 3.08 billion shares, resulting in a net foreign volume surplus of 434.01 million shares.
Gov’t to set up yet another SUN auction, aiming IDR 22 trillion next week
22 May 2024 14:22
The Indonesian government is once again holding the auction of Government Securities (lit. Surat Utang Negara/SUN) next Tuesday (28/5) with an indicative target of IDR 22 trillion.
Samuel Tumbuh Bersama acquires 1.1 billion shares of Nusantara Sawit (NSSS)
22 May 2024 14:16
After collecting 1.7 billion shares of PT Nusantara Sawit Sejahtera Tbk (NSSS) on the previous trading day, PT Samuel Tumbuh Bersama increased its stake in this palm oil producer by 1.1 billion shares. On Thursday, May 16, the shareholding of this investor's shares increased from 7.19% to 11.81%. On the other hand, PT Mitra Agro Dharma Unggul, the owner of 37% of NSSS, reduced its shareholding by 1.1 billion shares, leaving it with approximately 32.54%.
PSSI to set up dividend of IDR 251.06 billion
22 May 2024 14:11
PT IMC Pelita Logistik Tbk (PSSI) sets up dividend of the fiscal year (FY) 2023 of IDR 215.06 billion, which will be distributed on June 20, referring to the recording date of Official Register of Shareholders on June 3.
